IPCO buys New Era Converting Machinery

IPCO buys New Era Converting Machinery

IPCO AB has acquired web converting equipment manufacturer New Era Converting Machinery Inc. New Era is a web converting equipment design and manufacturing business, with two facilities in New Jersey, USA, and around 100 employees. Its technology platform of web handling, coating, laminating, and embossing equipment expands IPCO’s presence in key industries, especially in sustainability-driven segments. It also complements IPCO’s double-belt press and film casting solutions.

Robert Hermans, IPCO CEO said, “The acquisition of New Era is a perfect strategic fit with IPCO’s business ambitions. It enhances our core offerings and introduces new dimensions to our double belt press and film casting capabilities, giving us the ability to offer turnkey solutions to our customers. This synergy will allow us to provide comprehensive and efficient web handling solutions on a global scale.”

Paul Lembo, New Era EVP said: “Joining IPCO is the natural next step in New Era’s evolution as we secure the long-term future of our solutions, team and customers, and accelerate the growth of our business.”